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In GM's filing, it also listed the 2023 total compensation of other key GM officers: President Mark Reuss : $17,966,292 up from $14,349,551 in 2022. CFO Paul Jacobson : $11,123,924, up from ...
Amid the United Auto Workers strike in the fall of 2023, for example, NPR reported that General Motors CEO Mary Barra's 2022 salary was 362 times that of the median GM employee.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
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In 2019 the highest paid CEO was Tesla's Elon Musk at $595.3 million [15] The U.S. has the world's highest CEO's compensation relative to manufacturing production workers. According to one 2005 estimate the U.S. ratio of CEO's to production worker pay is 39:1 compared to 31.8:1 in UK; 25.9:1 in Italy; 24.9:1 in New Zealand. [16]
Mary Teresa Barra (née Makela; born December 24, 1961) is an American businesswoman who has been the chair [1] and chief executive officer (CEO) of General Motors since January 15, 2014. [2] She is the first female CEO of a 'Big Three' automaker. [3] [4] [5] In December 2013, GM named her to succeed Daniel Akerson as CEO. [3]
At General Motors, ... Similarly, Stellantis CEO Carlos Tavares made the salary of 365 employees, earning $25 million (or 23.4 million euros) while the typical employee earned $68,000.
Daniel Francis Akerson (born October 21, 1948) is the former chairman and CEO of General Motors, serving from 2010 to 2014. Akerson succeeded Edward Whitacre as CEO on September 1, 2010, and became chairman of the board on January 1, 2011. He was succeeded by General Motors CEO Mary Barra. [1]